Phishing Scams Targeting the UMN

Wednesday, May 4, 2016

Advisory: FBI: $2.3 Billion Lost to CEO Email Scams

Recent reports have highlighted a different kind of phishing scam, as Brian Krebs notes:

The U.S. Federal Bureau of Investigation (FBI) this week warned about a “dramatic” increase in so-called “CEO fraud,” e-mail scams in which the attacker spoofs a message from the boss and tricks someone at the organization into wiring funds to the fraudsters. The FBI estimates these scams have cost organizations more than $2.3 billion in losses over the past three years.